13% Ashv Finance Limited (INE411R07160)

Ashv Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE411R07160, with a face value of ₹10,000 rs on 05Jul22 to raise 20 crores. The debt instrument is issued with a coupon rate of 13% and its interest is paid Quarterly. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 13% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES . DATE OF MATURITY 13/07/2023. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 05Jul22. This issuer is formerly known as JAIN SONS FINLEASE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.